Rafmiðlun’s policy is that all employees receive equal pay for the same or equally valuable work, regardless of gender, origin or other irrelevant considerations.
To implement this policy, Rafmiðlun commits to operating a certified Equal Pay System in accordance with the requirements of Equal Pay Standard ÍST 85. Rafmiðlun commits to:
- Work on continuous improvements, monitoring and responses in accordance with the Equal Pay Standard
- Comply with applicable laws, regulations and collective agreements and confirm legal compliance
- Conduct internal audits and management reviews annually
- Conduct a pay analysis at least annually and present the results to employees
- Respond to unexplained pay differences through continuous monitoring and improvements as needed
- Present this equal pay policy to all employees and make it publicly available on the company website
